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201104996
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Last modified
9/14/2011 12:26:53 PM
Creation date
7/8/2011 8:58:43 AM
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DEEDS
Inst Number
201104996
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20�10499G <br />NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: <br />22. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following <br />Borrower's breach of any covenant or agreement in tlus Security Instrument (but not prior to <br />acceleration under Section 18 unless Applicable Law provides otherwise). The notice shall specify: (a) <br />the default; (b) the action required to cure the default; (c) a date, not less than 30 days from the date <br />the notice is given to Borrower, by wluch the default must be cured; and (d) that failure to cure the <br />default on or before the date specified in the notice m�y result in acceleration of the sums secured by <br />tlus Security Instrument and sale of the Property. The notice shall fnrther inform Borrower of the <br />right to reinstate after acceleration and the right to bring a court action to assert the non-e�stence of <br />a default or any other defense of Borrower to acceleration and sale. If the default is not cured on or <br />before the date specified in the notice, Lender at its option may r�uire immediate payment in full of <br />all sums secured by this Security Instrument without further demand and may invoke the power of <br />sale and any other remedies permitted by Applicable Law. Lender shall be entitled to collect all <br />expenses incurred in pursuing the remedies provided in this Section 22, including, but not limited to, <br />reasonable attorneys' fees and costs of title evidence. <br />If the power of sale is invoked, Trustee shall record � notice of default in each county in wluch <br />any p�rt of the Property is located and sh�ll mail copies of such notice in the manner prescribed by <br />Applic�ble Law to Borrower and to the other persons prescribed by Applicable Law. After the time <br />required by Applicable Law, Trastee shall give public notice of sale to the gersons and in the manner <br />prescribed by Applicable Law. Trustee, without demand on Borrower, shall sell the Property at <br />public auction to the highest 6idder at the time and place and under the terms designated in the <br />notice of sale in one or more parcels and in any order Truste.e determines. Trustee may postpone sale <br />of all or any parcel of the Property by public announcement �t the time �nd place of any previously <br />scheduled sale. Lender or its designee may purchase the Property at any sale. <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed <br />conveying the Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth <br />of the statements made therein. Trustee shall apply the proceeds of the sale in the following order: (a) <br />to a11 costs and ezpenses of ezercising the gower of sale, and the sale, including the payment of the <br />Trustee's fees actually incurred and reasonable �ttorneys' fees as permitt� by Applicable Law; (b) to <br />all sums secured by this Secnrity Instrument; and (c) any excess to the person or persons legally <br />entifled to i� <br />23. Reconveyance. Upon payment of all sums s�ured by this Security Instru.ment, Lender shall <br />request Tntstee to rec;onvey the Property and shall sunender this Security Instrument and all notes <br />evidencing debt secured by this Security Instrument to Trustee. Trust� shall rc�onvey the Property <br />without warranty to the person or persons legally entitled to it. Such person or persons shall pay any <br />recordation costs. Lender may charge such person or persons a f� for r�;onveying the Property, but only <br />if the fee is paid to a third party (such as the Trustee) for services rendered and the charging of the fe.e is <br />permitted under Applicable Law. <br />24. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a <br />successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this <br />Security Instrument is recorded Without conveyance of the Property, the successor trust� shall succeed to <br />all the title, power and duties conferred upon Trustee herein and by Applicable Law. <br />25. Request for Notice.c. Bonower requests that copies of the norice of default and sale be sent to <br />Borrower' s address which is the Properly Address. <br />11-05-000103 <br />NEBRASKA - Single Family - Fannie Mae/Freddie Mac UNIFORAA INSTRUMENT WITH M.ERS <br />�-6A(NE) �os�o) Pege 13 of 15 Initials: � �� Form 3028 1101 <br />� <br />
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